Archive for December 16th, 2011

InlandPolitics: S.B. Airport investigation costs Highland $10 million grant

Friday, December 16, 2011 – 10:00 a.m.
Last Modified: Saturday, December 17, 2011 – 10:39 a.m.

A $10 million Federal Highway Administration grant to the city of Highland is no more.

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Bloomberg: Ex-Freddie, Fannie CEOs Sued Over Loans

By David Glovin and Joshua Gallu
December 16, 2011 9:58 AM PT

Daniel Mudd, the former chief executive officer of Fannie Mae, and Richard Syron, ex-CEO of Freddie Mac, were sued by the U.S. Securities and Exchange Commission for understating by hundreds of billions of dollars the subprime loans held by the firms.

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The PE: REGION: Virgin America begins Inland service


Virgin America begins service to Palm Springs starting today.(KIMBERLY PIERCEALL/STAFF PHOTO)

BY KIMBERLY PIERCEALL
STAFF WRITER
kpierceall@pe.com

Published: 15 December 2011 01:43 PM

The mayor of Palm Springs looked worried. As Virgin America’s first flight from San Francisco descended into his normally sunny resort city Thursday afternoon, Steve Pougnet saw clouds outside the aircraft’s window.

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Liset Márquez, Inland Valley Daily Bulletin
Created: 12/15/2011 04:30:05 PM PST

Los Angeles World Airports officials once again may consider closing a terminal at LA/Ontario International Airport as a way to save money in the face of rapidly declining passenger traffic.

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Jim Steinberg, Staff Writer
Created: 12/15/2011 04:06:53 PM PST

FONTANA – Leticia Garcia quietly stepped aside as vice president of the Fontana Unified School District Board on Wednesday night, nominating longtime board member Gus Hawthorn.

Previous to that action, Hawthorn had nominated BarBara Chavez for a second term as the board’s president.

Both measures were unanimously approved.

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VVDailypress: VVC trustees vote themselves raises

December 15, 2011 1:21 PM
Natasha Lindstrom, Staff Writer

VICTORVILLE • Victor Valley College’s board members have voted themselves a 60 percent raise, increasing their monthly stipend from $250 to $400.

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